XYMAX REIT Investment : Notice Concerning Conclusion of Interest Rate Swap Agreement

	Translation Purposes Only
		March 24, 2022
For Immediate Release
Real Estate Investment Trust Securities Issuer
1-1-1 Akasaka, Minato-ku, Tokyo
XYMAX REIT Investment Corporation
Representa	Executive Director	Shotaro
tive		Kanemitsu
	(Securities Code 3488)
Asset Management Company
XYMAX REAL ESTATE INVESTMENT ADVISORS Corporation
Represent	Representative	Shotaro
ative	Director and President	Kanemitsu
Contact	Head of Business	Tatsuya
	Planning Division	Nakayama

TEL: [phone]

Notice Concerning Conclusion of Interest Rate Swap Agreement

XYMAX REIT Investment Corporation (the "Investment Corporation") has announced today that it has concluded an interest rate swap agreement as described below.

1. Reason for conclusion of interest rate swap agreement

Of the loans stated in "Notice Concerning Borrowings of Funds" announced on January 27, 2022, interest rate

swap agreement is being concluded for long-term borrowings of 982million yen due on January 31, 2025 for the purpose of hedging the risk of interest rate fluctuations by converting interest rate payable into a fixed rate.

2. Details of interest rate swap agreement

	Notional
Counterparty	principal	Interest rate	Commencement	Termination	Interest payment dates
(million	date	date
	yen)
					The last day and the
					last day of every month
					thereafter starting on
					Apr. 28 2022,(if the day
		Fixed interest rate payable: 0.303%			is not a business day,
The Nanto		Mar. 31,	Jan. 31,	the business day
982	Floating interest rate receivable:
Bank, Ltd.	2022	2025	immediately following,
	JBA 1-month JPY TIBOR
				and if the day falls into
					the next month, the
					business day
					immediately preceding
					the month)

(Note) By concluding the agreement, of the borrowing described in the "Notice Concerning Borrowings of the Funds" announced on January 27, 2022, the interest rate relating to the 982million yen of long-term debt with a maturity date of January 31, 2025 will be effectively fixed at 0. 653%.

3. Other

Concerning the risks to the interest rate swap agreement described above, there are no material changes from the "Investment risks" disclosed in 2-2-3 of the latest Securities Registration Statement submitted on February 10, 2022.

* XYMAX REIT website address: https://xymaxreit.co.

Disclaimer: This press release is a document to publicize the conclusion of the XYMAX REIT's interest rate swap agreements to the public and is not prepared for the purpose of soliciting investment. When making an investment, investors are urged to make an investment at their own decision after reviewing the prospectus for the issuance of new investment units and the notification of sale of investment units prepared by the Investment Corporation, and the revisions thereof (if any).